ATLANTA -- Glenayre Technologies, Inc. (Nasdaq: GEMS - News), a global provider of next-generation messaging solutions and enhanced services, today announced the first commercial deployment of its Versera Intelligent Communications Environment (Versera ICE(TM)) by MetroPCS, a Dallas-based provider of wireless communications services. In commercial service since May 2004 in MetroPCS's Atlanta, Georgia market, Versera ICE is enabling MetroPCS to quickly and easily provide its customers with new messaging applications using a true next generation architecture.
Glenayre's Versera ICE offers carriers the next-generation platform and applications they need to serve the instant gratification generation- subscribers who not only demand but expect the latest applications as soon as they're available. For the first time ever, carriers can now profitably deploy customized, innovative applications to small percentages of their subscriber base. Architected with Java and VoiceXML technologies, Versera ICE enables carriers to consistently live up to their subscribers' expectations -- and even set them -- now and in the future.
"Our customers rely on MetroPCS for innovative, convenient and hassle-free wireless service. With Versera ICE, we are furthering our service commitment to our customers by deploying a true next generation solution that uses one platform for integration and rapid deployment of multiple messaging applications," said Roger Linquist, president and CEO for MetroPCS. "We're responding to our customers' needs not only by providing affordable, anytime, unlimited service, but also by offering the new and innovative messaging services and applications our customers want."
"Glenayre's global industry knowledge and more than 20 years of experience in delivering carrier-grade solutions uniquely positions us as an innovative provider of true next-generation messaging solutions," said Bruce Bales, president, Glenayre Messaging Business. "Versera ICE helps carriers build intrinsic relationships with their subscribers by enabling the rapid deployment of applications that will help carriers survive and thrive in today's pervasive wireless culture."
Versera ICE addresses the need for a communications solution that can serve as a bridge between existing legacy and next generation systems while providing room for future technology growth. The solution's scalability allows it to support a few thousand to millions of subscribers, and the open, standards-based architecture provides a flexible environment for deploying the hottest new messaging applications. Versera ICE helps carriers keep up with market demand, reduce operating expenses and total cost of ownership, create new revenue opportunities, shrink churn and attract new subscribers.
Glenayre is a global provider of next-generation messaging solutions and enhanced services for wireless and wireline carriers, and MSO/cable companies. Glenayre systems are designed on open platforms with a standards-based architecture supporting IP and traditional telephony networks for an evolution from 2G to 2.5G and 3G services. More than 200 service providers in over 60 countries have deployed Glenayre messaging solutions for voice, fax and e-mail messaging, including one number services, voice navigation and voice dialing, mailbox out-dialing and one-button call return. Glenayre, headquartered in Atlanta, Georgia, has been providing carrier-grade communications solutions for the global market for over 40 years. For more information, please visit http://www.glenayre.com .
Safe Harbor Statement
This news release contains statements that may be forward looking within the meaning of applicable securities laws. The statements may include projections regarding future revenues and earnings results, and are based upon the Company's current forecasts, expectations and assumptions, which are subject to a number of risks and uncertainties that could cause the actual outcomes and results to differ materially. These results and uncertainties are discussed in the Company's most recently filed Annual Report on Form 10-K and quarterly report on Form 10-Q. These factors include, but are not limited to, restructuring activities; effective convergence of technologies; potential market changes resulting from rapid technological advances; competition; variability of quarterly results and dependence on key customers; volatility of stock price and risk of delisting from the NASDAQ National Market; ability to attract and retain key personnel; proprietary technologies; potential changes in government regulation; potential acquisitions and strategic investments; continuation and expansion of third party agreements; litigation; international business risks and continued terrorist attacks, war or other civil disturbances.
Glenayre, Versera, Versera ICE and the Glenayre logo are trademarks of Glenayre Electronics, Inc.